Health insurance executives say tens of millions *more* Americans (VIDEO)

D.C. Clothes Line ^ | May 13 2014 | Dr. Eowyn

[PoloSec]

FULL TITLE: Health insurance executives say tens of millions *more* Americans will lose their health plans

On June 15, 2009, when Obama was selling his Obamacare to Americans, he promised: “If you like your health care plan, you can keep your health care plan, period.”

As Obamacare began to be implemented, millions of Americans discovered, too late, that Obama had lied, when they were notified by their insurance companies that their health plans had been cancelled. (Go the end of this post for more.)

Obama and the Left then blamed the evil greedy insurance companies for the cancellations, conveniently leaving out the fact that the companies had no choice because those plans were non-compliant with the dictates of the new Obamacare law.

Last Wednesday, May 7, 2014, the House Subcommittee on Oversight and Investigations held a hearing on “PPACA [Obamacare] Enrollment and the Insurance Industry.” (PPACA are the initials of the Orwellian name for Obamacare, the Patient Protection and Affordable Care Act.)

The purpose of the hearing was to ascertain just how many Americans actually have enrolled in Obamacare, as well as who was responsible for the previous round of policy cancellations and who should face blame for the next round.

Six executives of health insurance companies provided testimonies as expert witnesses:

Dennis Matheis, President ofCentral Region and Exchange Strategy,WellPoint, Inc. Wellpoint is an independent licensee of Blue Cross and Blue Shield Association. Frank Coyne, Vice President of Operations and Chief Transformation Officer, BlueCross BlueShield Association. The BC and BS companies collectively provide health care coverage for 100 million members, one in three Americans, in every U.S. zip code. Mark Pratt, Senior Vice President of State Affairs, America’s Health Insurance Plans (AHIP), the national association representing health insurance plans. AHIP’s members provide health and supplemental benefits to more than 200 million Americans through employer-sponsored coverage, the individual insurance market, and public programs such as Medicare and Medicaid. J. Darren Rodgers, Senior Vice President and Chief Marketing Officer,Health Care Service Corporation (HCSC). HCSC does business as Blue Cross and Blue Shield of Illinois, Montana, New Mexico, Oklahoma and Texas, and is the largest customer-owned, non-profit health insurance company in America. Paul Wingle, Executive Director, Individual Business and Public Exchange Operations and Strategy, Aetna, Inc. Brian Evanko, President, U.S. Individual Segment, Cigna Corporation

Rep. Cory Gardner

In the hearing, Congressman Cory Gardner (R-Colo) sought to get to the bottom of the health plan cancellations. He pointedly asked the insurance executives the reason for the cancellations.

On his website, Rep. Gardner reports that “The witnesses [insurance company executives] confirmed thatthese cancellation notices were sent out due to the President’s healthcare law.”

That is bad enough, but worse is yet to come.

Millions more Americans will see their plans canceled when Obama’s healthcare law is fully enforced.

How can that be?

Simple.

Obamacare has caused insurance companies to cancel the health plans of millions of Americans because of those plans’ non-compliance with Obamacare. But those cancellations are just the tip of the iceberg because persistent malfunctioning of the Obamacare sign-up website, healthcare.gov, led Obama to keep extending the sign-up deadline, as well as a one-year delay in the full enforcement of Obamacare. That one-year delay, in turn, means that there will be more insurance plan cancellations when Obamacare is enforced in full.

To determine how many more Americans will have their health insurance cancelled, Rep. Gardner asked each of the insurance executives this question:

“How many [health insurance] plans do you currently offer that do not meet the [Obamacare] law’s requirement, but you are able to continue offering because of the delay [in Obamacare's full enforcement]?”

All but one of the executives demure, saying they don’t have the exact figures or hard numbers.

One insurance executive, however, Frank Coyne of BlueCross BlueShield Association, did answer Rep. Gardner’s question: “3.2 million.”

That means if the other five insurance executives had answered Gardner’s question, the total number of Americans who can expect to have their health insurance plans cancelled will be in TENS OF MILLIONS.

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There will be austerity measures soon enough, and many more will be laid off. While that’s happening, administrators in state and local governments will continue hiking fees and getting raises.

[familyop]

"In the hearing, Congressman Cory Gardner (R-Colo) sought to get to the bottom of the health plan cancellations."

One example right there. For lack of continued big federal funding and because of declining local revenues (decreasing tourism, fewer new builds, foreclosures,...), administrators in local governments cut costs by dumping the more technically inclined, more lowly placed inspectors. Another consequence is that of engineer stamps being required on the most conventional of house, barn, septic and other designs. Another consequence is that of improper increases in many property tax assessments to keep the remaining regulator administrators afloat.